5000(1+.085/4)^n=1000
to find n use log:
1.02125^n
N X log1.02125
when computed=32.9
round to 33 quarters compounded
33/4
equals to 8 years 3 months
Answer:
4.5
Step-by-step explanation:
15% of 30 is 4.5
99.7%
This is because the likelihood of a point being within 2 SDs of the mean is 99.7%.
None of the above its actually number 22
Hope that helped!?
:)